DEED OF TRUST NOTEInnkeepers Usa Trust/Fl • November 8th, 2006 • Real estate investment trusts
Company FiledNovember 8th, 2006 IndustryFOR VALUE RECEIVED KPA RIMV LLC, a Delaware limited liability company having an address c/o Innkeepers USA Trust, 340 Royal Poinciana Way, Suite 306, Palm Beach, Florida 33480 (“Maker”), promises to pay to the order of CAPMARK BANK, a Utah industrial bank (“Payee”), at one of its principal places of business at 6955 Union Park Center, Suite 330, Midvale, Utah 84047, Attention: President, or at such place as the holder hereof may from time to time designate in writing, the principal sum of FORTY-SEVEN MILLION FOUR HUNDRED THOUSAND AND NO/100 DOLLARS ($47,400,000.00) (the “Loan”), in lawful money of the United States of America, with interest thereon to be computed on the unpaid principal balance from time to time outstanding at the Interest Rate (as such term is defined in Section 1(a) hereof), and to be paid in installments commencing on December 1, 2006 and on the first (1st) day of each calendar month thereafter (each a “Monthly Payment Date”) through and including the Monthly Paymen
DEED OF TRUST NOTEInnkeepers Usa Trust/Fl • November 8th, 2006 • Real estate investment trusts
Company FiledNovember 8th, 2006 IndustryFOR VALUE RECEIVED KPA HI ONTARIO LLC, a Delaware limited liability company having an address c/o Innkeepers USA Trust, 340 Royal Poinciana Way, Suite 306, Palm Beach, Florida 33480 (“Maker”), promises to pay to the order of CAPMARK BANK, a Utah industrial bank (“Payee”), at one of its principal places of business at 6955 Union Park Center, Suite 330, Midvale, Utah 84047, Attention: President, or at such place as the holder hereof may from time to time designate in writing, the principal sum of THIRTY-FIVE MILLION AND NO/100 DOLLARS ($35,000,000.00) (the “Loan”), in lawful money of the United States of America, with interest thereon to be computed on the unpaid principal balance from time to time outstanding at the Interest Rate (as such term is defined in Section 1(a) hereof), and to be paid in installments commencing on December 1, 2006 and on the first (1st) day of each calendar month thereafter (each a “Monthly Payment Date”) through and including the Monthly Payment Date immediate
DEED OF TRUST NOTEInnkeepers Usa Trust/Fl • November 8th, 2006 • Real estate investment trusts
Company FiledNovember 8th, 2006 IndustryFOR VALUE RECEIVED KPA RIGG LLC, a Delaware limited liability company having an address c/o Innkeepers USA Trust, 340 Royal Poinciana Way, Suite 306, Palm Beach, Florida 33480 (“Maker”), promises to pay to the order of CAPMARK BANK, a Utah industrial bank (“Payee”), at one of its principal places of business at 6955 Union Park Center, Suite 330, Midvale, Utah 84047, Attention: President, or at such place as the holder hereof may from time to time designate in writing, the principal sum of THIRTY-SEVEN MILLION SIX HUNDRED THOUSAND AND NO/100 DOLLARS ($37,600,000.00) (the “Loan”), in lawful money of the United States of America, with interest thereon to be computed on the unpaid principal balance from time to time outstanding at the Interest Rate (as such term is defined in Section 1(a) hereof), and to be paid in installments commencing on December 1, 2006 and on the first (1st) day of each calendar month thereafter (each a “Monthly Payment Date”) through and including the Monthly Paymen